Bloomberg, 18:28:11.250 GMT 24-Oct-2008
By Chris Fournier
Oct. 24 (Bloomberg) — Canada’s currency is headed for its worst monthly fall since at least 1950 and the yield on the two- year bond touched the lowest in almost two decades on speculation the economic slump will deepen and oil will decline further.
The loonie, as the currency is known […]

Tiny Margins
Margin trading is one of the biggest advantages when trading the forex. Why, it allows you to trade amounts bigger than your bank account or more than the total of the dollars you have deposited. However, it can also be dangerous to novice traders as it can appeal to the greed factor or the […]

Become a Student of Forex
Anywhere that you invest your hard earned capital deserves some investment of your time. Learn to read the source documents of Forex news and events - don’t rely on the interpretations of news media or others.

Gold futures were down $24 an ounce on Thursday after the $59 tumble on Wednesday. Oil futures briefly fell beneath the $100 a-barrel level for the first time in three weeks.
Oil is under pressure as demand appears to be slowing. Some serious volatility in the markets.
How does all this relate to the Forex and […]

Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail Forex broker is destined for losses. Give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade […]

Trade pairs, not currencies - When two (2) currencies are being traded against each other, it is called a “Pair” and the Forex Market consists of four (4) main pairs: Euro-USD, USD-GBP, USD-Japan Yen, USD-Swiss Franc.
The first currency is called the base currency and the second currency is called the counter-currency. For each transaction, we […]

Emotional Trading - Without that all-important strategy, your trades are just thoughts and thoughts are emotions and a very poor foundation for trading. When we are emotional we seldom make the wisest decisions. Don’t let your emotions sway you. As mentioned in other posts, adding the emotional element into the equation makes it strike two […]

Trading Off-Peak Hours - Professional FX traders, option traders, and hedge funds have an advantage over small nickel and dime traders during the off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and transfer funds when there is a reduction or lower trade volumes. During these periods their risk is […]

Unfortunately, the answer for most people or the poorly informed investor, is the opposite. It will break the piggy bank!
Forex trading is not a get rich quick scheme or program. Trading the FX is no different than any other investment you have. You need to become a student of the game. To become a student […]

Links to Forex Brokers in Canada
Ava FX
Questradefx
MG Forex
MF Global
Trade Freedom
CMC Markets
Interactive Brokers

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